Date: 02-mar-2025
Elon Musk’s net worth suffered a drastic decline in the first two months of 2025, with reports showing a total loss of around ₹7 lakh crore (approximately $52 billion). The primary reason behind this financial setback is the sharp fall in Tesla’s stock price, driven by weak sales, competition from Chinese EV makers, and investor concerns over the company’s future growth.
Despite Tesla’s struggles, Musk remains the richest person in the world, thanks to his substantial stake in SpaceX. As of late 2024, SpaceX was valued at nearly $350 billion, and Musk owns about 42% of the company. This means that even though Tesla’s stock decline has affected his fortune, his SpaceX holdings continue to provide financial stability.
While Musk's wealth fluctuates due to stock market volatility, his diversified investments, particularly in SpaceX, ensure that he remains at the top of the billionaire rankings. Despite losing ₹7 lakh crore in early 2025, his financial empire is still growing.
Date: 01-Mar-2025
Tesla is set to open its first showroom in India at Mumbai’s Bandra Kurla Complex (BKC). A second showroom is planned for Delhi’s Aerocity. Check out the latest details on Tesla’s India entry.
Date: 03-Mar-2025
Tesla is set to open its first showroom in India at Mumbai’s Bandra Kurla Complex (BKC). A second showroom is planned for Delhi’s Aerocity. Check out the latest details on Tesla’s India entry.
04 Apr 2025